Cyprus prepares to tender FSRU contracts

Cyprus is moving ahead with its plans to import LNG, even though previous projects have stalled Cyprus is moving ahead with its plans to import LNG, even though previous projects have stalled.
By Verity Ratcliffe 26 July 2017 0 26925
A power plant on Cyprus. (J&P Group)

Cyprus has decided to proceed with its first LNG import project and is preparing to tender contracts for an FSRU and LNG supplies. 

DEFA, Cyprus’s public gas supply company, commissioned a study from Gaffney, Cline & Associates in December last year which concluded that an FSRU would be the best option to allow Cyprus to switch to gas-fired power instead of using oil. Cyprus wants to start producing gas-fired power by 2020 to keep in line with the EU’s emissions targets.

DEFA plans to...

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